Page 109 of Real estate

Input duty cuts will spur demand, say real estate, auto, plastic units

The tax reliefs, aimed at curbing inflation, would pep up demand for their goods, they said.

Updated: May 23, 2022 09:13 IST

Housr: Providing a respite from urban loneliness

Housr, a tech-enabled firm, facilitates smart co-living with furnished residences, besides offering premium serviced apartments at affordable rates

May 23, 2022 06:30 IST

DLF profit declines by 16pc to Rs 405 cr in January-March

Realty major DLF on Tuesday reported a 16 per cent decline in its consolidated net profit to Rs 405.33 crore…

May 17, 2022 21:08 IST

Ind-Ra revises up commercial realty outlook for FY23

New leasing activity had declined to 25 million square feet (msf) in FY21 from 37 msf in FY20 on account…

May 9, 2022 16:39 IST

Income Tax exemption for home buyers: No tax on making new house habitable, cost of interiors – Details here

Homeowners can claim capital gain tax exemption against bonafide expenses for making the new house habitable before possession under Section…

May 9, 2022 12:59 IST

Gujarat HC verdict on GST on under-construction flats to reduce tax outgo for buyers, say experts

This ruling ideally shall pave the way for a clarificatory circular by the department that would bring smiles to the…

May 8, 2022 15:23 IST

In the notice, Wadia said he had filed a suit to evict Century from the “demised” premises before the Court of Small Causes in Bombay. The court, in its interim order passed on December 22, 2010, had restrained the latter from dealing with the premises and the structures on the land parcel.

Wadia and Birla at loggerheads again over Mumbai realty project

The “demised” premises is not available to Century for development, according to the “caution notice” published in several newspapers. The…

May 7, 2022 06:00 IST

Agarwal says Adarsh Farm Retreat, a plush residential complex in Bengaluru's Bellandur area, had many properties available on rent two years ago. Now, it is difficult to get anything despite the fact that the complex has 1,000 properties.

High demand, low inventory: Residential rents go through the roof

In the Lodha Park property, rents have gone up from Rs 75,000 for a two-bed apartment a year ago to…

May 6, 2022 05:00 IST

However, they are worried that if the hike happens, then coupled with the inflationary trend, the price of houses will increase, which would take away the affordability for the homebuyers.

Repo rate hike: Realty players fear residential demand may be hit

According to Dutt, the next two months will be critical for the real estate sector, as developers will need to…

May 5, 2022 06:30 IST

Signature Global raises Rs 400 crore from HDFC Capital’s real estate fund

The company raised this fund from HDFC Capital Affordable Real Estate Fund 3 (H-CARE 3), a fund managed by HDFC…

May 4, 2022 14:33 IST

Tamil Nadu earns Rs 13,914 crore from property registrations in FY22

This is the highest-ever revenue collected in the past 10 years. The number of properties registered during FY22 increased 11.22%…

April 30, 2022 00:54 IST

Construction equipment sales drop 8 per cent to 85,385 units FY22: ICEMA

As per the data released by Indian Construction Equipment Manufacturers Association (ICEMA), the construction equipment (CE) industry had sold 92,470…

April 29, 2022 20:52 IST

Bengaluru records highest growth in office rental values; Delhi-NCR becomes 9th most expensive market

With the change in the COVID – 19 protocols, which are now leading more and more companies to call back…

April 27, 2022 11:52 IST

Omaxe raises Rs 440 crore from Varde Partners to expedite construction, expand business

Omaxe has delivered 127.89 million square feet area in real estate and construction contracting.

April 26, 2022 17:29 IST

“We are now looking at projects where I monetise the investments, get my equity out and re-deploy that further. We are back in that cycle and it means that our return on capital employed will continue to improve as I will start getting a lot of my equity unlocked from these investments as projects start getting monetised,” he said. (Representative image)

Bengaluru-based Puravankara puts its legacy issues behind

Abhishek Kapoor joined Puravankara in September 2019 as chief operating officer and was elevated to the position of CEO of…

April 26, 2022 02:30 IST

SPL is already developing 4.5 million square feet of residential apartments serving 5,500 families and is likely to hand over more than 500 homes during the first half of the current financial year.

Shriram Properties to sell up to 90 acres of land to Logos for logistics park in Kolkata

The transaction is expected to be completed during the second half of this fiscal on satisfactory completion of necessary due-diligence…

April 26, 2022 01:00 IST

Increasing preference for home ownership, improved affordability, all-time-low home loan interest rate, among other factors, will be driving growth for the sector. The larger and reputed builders with better delivery track record will continue to gain market share.

ICRA report: FY23 outlook for real estate revised to stable

The healthy sales momentum is expected to sustain, with the sales in top seven cities expected to grow by 3%…

April 23, 2022 05:15 IST

The city had witnessed around 4 million sq. ft of annual absorption from 2017 to 2021. (Representative image)

Pune’s industrial and warehousing demand to reach all-time high in 2022

The Pune market had a stock of 33.2 million sq ft in 2021 and the supply is expected to be…

April 22, 2022 00:45 IST

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